Majumder I. Bobby 4

What Happened
Majumder I. Bobby, a trustee of Bluerock High Income Institutional Credit Fund (IIMWX), was credited with 56.36 Class I shares on 2026-06-30. The transaction is reported as an "other acquisition" (code J) at $22.18 per share, for a reported aggregate value of approximately $1,250. This was a compensation-related award rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-30; price: $22.18 per share; shares acquired: 56.36; total value: ~$1,250.
• Transaction type/code: Other acquisition (J) — recorded as trustee compensation.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote: These shares were granted under the trustees' compensation plan; each independent trustee is entitled to receive $5,000 of Class I shares per quarter (or $20,000 annually) (Footnote F1).
• Filing: Report filed 2026-07-02 and signed under a Limited Power of Attorney (Attorney-in-Fact) dated 7-18-22. The filing date is two days after the transaction and appears timely.

Context
This is a routine compensation issuance to an independent trustee, not a market trade by an executive or large shareholder. Such awards are administrative and do not necessarily signal the trustee’s personal view of the fund’s prospects. For retail investors, regular small awards to trustees are common and typically reflect the fund’s governance/compensation practices rather than insider buying or selling for investment reasons.